Built using the IOTA Tangle, two students working with NXP Semiconductors earned second place in the inaugural Porsche Innovation Contest on blockchain technology. The project, called FAPSY, beat over one hundred other entries from entrepreneurial teams around the world to claim second place in the automotive company’s first Innovation Contest.

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IOTA HARDWARE – IOTA is a revolutionary new transactional settlement and data transfer layer for the Internet of Things. As enthusiasts of this technology, we bring you the latest in IOTA powered hardware & IOTA news.

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